Civil engineering to remain a driving force of the Bulgarian construction industry
According to a new report entitled “Construction sector in Bulgaria 2015 – Development forecasts for 2015-2020” published by the analytical and research company PMR, after what now seems to be a period of post-crisis stabilisation, the second half of 2014 and early 2015 suggest that positive growth rates and outlooks are finally returning to the construction market in Bulgaria. However, the return of growth does not mean that the outstanding pre-crisis level will be matched in the near future, particularly with regard to residential and non-residential construction. Given the scarce investor base, most of the activities on the construction market are highly dependent on public procurements, and EU funds in particular.
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